China GDP

Earlier this month we learned that China grew at an 8.1% rate in the first quarter, down sharply from the 8.9% rate in the previous quarter. However, those who are obsessing on just one quarter's headline number may be missing signs of a major positive secular shift in China's economy

China is set to reveal its weakest quarter of annual growth in nearly three years on Friday, with investors fretting the economy could cool even further in coming months and further dampen global growth

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by

Back from a long weekend, U.S. markets were buoyant on open Tuesday, lifted by better-than-expected news on Chinese growth and some solid manufacturing data at home. The Toronto Stock Exchange was also up on strong commodity prices while Canadian investors processed the central bank's interest rate announcement at 9 a.m.